SpaceX (NASDAQ: SPCX) stock price eyes gains after SpaceX launched the 13th Starship test flight on July 24. This was the first launch for the company since it went public on June 12.

The launch comes when SpaceX shares have dropped by 48% from the June high of $225 to $115 on July 24.

SpaceX Launches 13th Starship Test Flight

SpaceX launched its Starship rocket on July 24 from its Starbase launch facility in Texas. This was the 13th test flight for the rocket and the first one since the IPO.

During this test flight, SpaceX also deployed 20 new Starlink V3 satellites that are more powerful than the company’s earlier satellites, and could boost the company’s market share in the communications industry.

This test flight was…